The United States is known for having several well-known, world-renowned hospitals. All of them have a few things in common, including stable finances that allow them to expand and continue offering excellent care to their patients. Here’s a quick breakdown of some of the best hospitals, thanks to Becker’s.
The Cleveland Clinic
“Named the No. 2 hospital in the nation by U.S. News & World Report for 2018-19, Cleveland Clinic is an 18-hospital system with more than 5,895 beds at its inpatient and outpatient locations. In 2018, the health system, which includes hospitals in Florida and Abu Dhabi, conducted more than 244,000 surgical procedures and had more than 850,000 emergency visits. Cleveland Clinic also reported operating revenues of $9.82 billion during fiscal year 2018. The health system, which is an academic teaching facility, had 1,923 medical residents and fellows in training last year.
Boston Children’s Hospital
“Boston Children’s Hospital is one of the largest pediatric care facilities in the U.S. with 404 beds. It is also a teaching hospital for Boston-based Harvard Medical School. Each year, Boston Children’s medical staff oversees 25,000 inpatient programs, 26,500 surgical procedures and 214,000 radiological exams. In 2018-19, U.S. News & World Report ranked Boston Children’s Hospital the top pediatric hospital in the nation for the fifth consecutive year.”
Emory University Hospital
“Founded in 1904 as Wesley Memorial Hospital, the facility was housed in a downtown Atlanta mansion that had been spared from significant damage during the Civil War. Now, the hospital has 751beds, including 120 intensive care unit beds, and is known for its cardiology, cardiac surgery and neurosurgery services. Emory University Hospital had 26,000-plus inpatient visits, 166,000-plus outpatient visits and 44,000-plus emergency room visits in 2016. The facility was named the No. 1 hospital in the city and state by U.S. News & World Report for 2018-19.”
Memorial Hermann-Texas Medical Center
“Founded in 1925, Memorial Hermann-Texas Medical Center is the primary teaching hospital for the McGovern Medical School at the University of Texas Health Science Center in Houston. As one of only two level 1 trauma centers in the greater Houston area, Memorial Hermann-Texas Medical Center provides emergency and trauma care to more than 40,000 patients a year. Known for its Heart & Vascular Institute, Memorial Hermann-Texas Medical Center was ranked among the top 30 hospitals in the nation for cardiology and heart surgery by U.S. News & World Report for 2018-19 and was also recognized as the No. 4 hospital in Texas.”
University Hospitals Cleveland Medical Center
“With more than 1,000 beds, University Hospitals Cleveland Medical Center includes general medical, intensive care and surgical units as well as two major hospitals: University Hospitals Seidman Cancer Center and University Hospitals Rainbow Babies & Children’s Hospital, both in Cleveland. The health system’s research center is home to the largest clinical trial site in northeast Ohio with more than 1,000 active trials. In 2019, University Hospitals Cleveland Medical Center was named to Ethisphere’s 2019 World’s Most Ethical Companies list, which recognized 128 honorees. The health system also ranked U.S. News & World Report‘s No. 2 in Ohio for 2018-19.”
University of Colorado Hospital
“University of Colorado Hospital was recognized by U.S. News & World Report as the No. 1 hospital in Colorado in 2018-19. In 2018, the hospital became a level 1 trauma center. A partner of Aurora-based UCHealth, The University of Colorado Hospital’s providers also double as faculty members at the University of Colorado School of Medicine in Aurora. Altogether, UCHealth includes 22,100 employees and 51,239 inpatient admissions and observation visits.”
University of Washington Medical Center
“UW Medical Center provides specialty care to patients in the Seattle region as well as those who arrive from around the globe for complex interventions. The hospital includes a level 4 neonatal ICU and cancer care in partnership with the Seattle Cancer Care Alliance. U.S. News & World Report ranked the hospital No. 1 in the state for 2018-19. The hospital also earned the Human Rights Campaign’s National Leader in LGBT Healthcare Equality designation and Practice Greenhealth’s Top 25 Environmental Excellence Award. In September 2018, the University of Washington’s Northwest Genomics Center became one of three centers nationwide to earn the National Institutes of Health All of Us Research Program.”
Banner University Medical Center Phoenix
“Banner University Medical Center Phoenix is one of the 28 hospitals under the Banner Health umbrella. The medical center has 757 beds and serves as the designated academic medical center for the University of Arizona College of Medicine in Phoenix. Banner University Medicine has 882 faculty physicians, 48 fellowship programs and 36 residency programs. In 2018-19, U.S. News & World Report ranked Banner University Medical Center Phoenix the No. 2 hospital in Arizona.”
Cedars-Sinai Medical Center
“The nonprofit hospital was founded as a 12-bed facility in 1902. Since then, Cedars-Sinai has grown into an academic healthcare organization with two hospitals, including the flagship Cedars-Sinai Medical Center, more than 4,500 physicians and 40-plus care locations that see more than 1 million patients each year. Cedars-Sinai was ranked the No. 8 hospital in the nation by U.S. News & World Report for 2018-19, and was ranked among the nation’s 50 best hospitals by Healthgrades in 2017-18.”
Nebraska Medicine-Nebraska Medical Center
“Nebraska Medical Center is the teaching hospital for the University of Nebraska Medical Center and is part of Nebraska Medicine, which traces its roots back to 1869. The 718-bed hospital has earned a reputation for providing high-quality care and was recognized by U.S. News & World Report as the No. 1 hospital in Nebraska for 2018-19. Nebraska Medical Center, which has a team of more than 1,000 physicians, received the Bernard A. Birnbaum, MD, Quality Leadership Award from Vizient in 2016 and 2017.”
“OHSU Hospital includes 576 licensed beds and 2,231 credentialed healthcare providers. The hospital is one of five across the U.S. to be verified as both a level 1 children’s trauma center and a level 1 site for children’s surgery by the American College of Surgeons. It is the only hospital in Portland that received a five-star rating from CMS in 2019, and U.S. News & World Report ranked the hospital No. 1 in Oregon for 2018-19. In 2018, the organization completed the 320,000-square-foot Knight Cancer Research Building, which will bring together researchers focused on advancing cancer research.”
What Can You Do?
If you want your hospital or clinic to compete with the big names listed here, there’s one thing that you can do right now to make a difference – contact us. Your accounting department is more than likely sitting on commercial health insurance claims that have gone through their state-level appeals and remain unpaid. Filing a Federal ERISA appeal on them and getting them paid will give you a small financial cushion. Contact us to get started.